Good Value Penny Bottoms

[mike306oh]

IGAI Alert:

http://www.investorshub.com/boards/read_msg.asp?message_id=10883961

If "Smokeeater" is right, this will be moving fast next week. The reason sounds obvious if one looks at the financials:

http://www.ddmachine.com/default.asp?s=igai.ob

For the first 3 Q's of 2005, the revenue was $20.66M, compared to $11.3M for the whole 2004.

Yet, the PPS it's a very bottom with a Price/Sales ratio of only 0.01 (compared to 1.5 to 2 average). In other words, this can go 15 to 20 times up.

Look at the chart, the fact that the insiders owe most of the shares, and draw your conclusion. The company has some dilution going on, but not a big one IMO.

Mike